The Top 5 mistakes people make with their Thrift Savings Plan (TSP) and 401k account. Generally, people have either a Thrift Savings Plan if they are in the military of federal 👉 Federal Government Job Class here 👉 government or a 401K if you are working in the private sector. And...
tsp mistakes
10 Awful TSP No-No's You Should Avoid
by Retirement Advisor | Nov 13, 2022 | 48 Comments
I have seen federal employees make many mistakes when it comes to their TSP unfortunately. Because of this, I've been able to put together 10 things that every federal employee should avoid in relation to their TSP. -- ► Subscribe to My Channel Here: -- Cooper Mitchell helps federal employees...
Retirement Calculator — calculate retirement age
This calculator easily answers the question "Given the value of my current investments and assuming future monthly investments of "X", at what age will I reach my retirement goal?"
The user enters their "Current Age", the "Monthly Amount Invested",the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement".
The calculator quickly calculates the user's retirement age and creates an investment schedule plus a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
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Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.